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National Asset Recovery Corporation (OTC: REPO) Provides Update on Proposed Name Change and Merger to GreetEat Corp

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National Asset Recovery (OTC: REPO) announced an update on its pending merger and name change to GreetEat Corp. The company expects to receive FINRA approval within four weeks. This rebranding initiative, first announced earlier this year, represents a strategic move to align the company's identity with its evolving business direction and service expansion plans in response to market dynamics.

National Asset Recovery (OTC: REPO) ha annunciato un aggiornamento sulla sua fusione in sospeso e sul cambio di nome in GreetEat Corp. L'azienda prevede di ricevere l'approvazione FINRA entro quattro settimane. Questa iniziativa di rebranding, annunciata per la prima volta all'inizio di quest'anno, rappresenta una mossa strategica per allineare l'identità dell'azienda con la sua evoluzione nel settore e le piani di espansione dei servizi in risposta alle dinamiche di mercato.

National Asset Recovery (OTC: REPO) anunció una actualización sobre su fusión pendiente y el cambio de nombre a GreetEat Corp. La compañía espera recibir la aprobación de FINRA en cuatro semanas. Esta iniciativa de cambio de marca, anunciada por primera vez a principios de este año, representa un movimiento estratégico para alinear la identidad de la empresa con su dirección empresarial en evolución y los planes de expansión de servicios en respuesta a la dinámica del mercado.

국립 자산 회수(National Asset Recovery) (OTC: REPO)는 진행 중인 합병 및 이름 변경(GreetEat Corp.)에 대한 업데이트를 발표했습니다. 회사는 사전 심사 승인을 4주 이내에 받을 것으로 예상하고 있습니다. 올해 초 처음 발표된 이 리브랜딩 이니셔티브는 시장의 변화에 대응하여 회사의 정체성을 진화하는 사업 방향 및 서비스 확장 계획과 맞추기 위한 전략적 움직임을 나타냅니다.

National Asset Recovery (OTC: REPO) a annoncé une mise à jour concernant sa fusion en cours et son changement de nom en GreetEat Corp. La société s'attend à recevoir l'approbation de la FINRA dans un délai de quatre semaines. Cette initiative de rebranding, annoncée pour la première fois au début de cette année, représente un mouvement stratégique pour aligner l'identité de l'entreprise avec sa direction commerciale évolutive et ses projets d'expansion de services en réponse aux dynamiques du marché.

National Asset Recovery (OTC: REPO) hat ein Update zu seiner bevorstehenden Fusion und Namensänderung in GreetEat Corp. angekündigt. Das Unternehmen erwartet, innerhalb von vier Wochen die FINRA-Genehmigung zu erhalten. Diese Rebranding-Initiative, die zu Beginn des Jahres erstmals angekündigt wurde, stellt einen strategischen Schritt dar, um die Identität des Unternehmens mit seiner sich entwickelnden Geschäftsausrichtung und den geplanten Serviceerweiterungen in Reaktion auf die Marktdynamik in Einklang zu bringen.

Positive
  • Pending FINRA approval indicates progress in corporate transformation
  • Strategic rebranding aligned with business evolution
Negative
  • No immediate financial impact disclosed
  • Uncertainty around completion timeline

RENO, NV / ACCESSWIRE / November 21, 2024 / National Asset Recovery Corporation (OTC Pink:REPO) is pleased to provide an update regarding its proposed merger and name change to GreetEat Corp. The company anticipates approval from the Financial Industry Regulatory Authority (FINRA) within the next four weeks.

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This update follows the company's initial announcement earlier in the year and represents an important step toward aligning with its strategic vision. The rebranding to GreetEat Corp. reflects a transformative era for the company, which is committed to evolving its identity and expanding its services to respond to a dynamic marketplace.

"We believe that the name GreetEat Corp. more accurately represents our forward-looking vision and strategy," said Vishal Patel, CEO at the company. "This rebranding, combined with the merger, is a pivotal moment as we pursue growth and innovation to better serve our clients and capture emerging market opportunities. We're excited to take this step forward and anticipate FINRA's approval soon."

This transition reflects our ongoing commitment to refining our identity and expanding our services to better align with the needs of our clients and stakeholders. As GreetEat Corp., we aim to focus on innovative solutions and build strategic relationships that will drive long-term value and growth. The company will continue to update stakeholders on the progress of the name change and other exciting developments through regular announcements and investor communications.

Investors and stakeholders are encouraged to stay informed by visiting the new website and following the company's social media channels. For inquiries, please contact the investor relations team at investors@greeteat.com.

http://www.GreetEat.com

https://greeteat.com/corp.html

About GreetEat Corporation:

GreetEat Corporation, currently trading under the name National Asset Recovery Corporation - ticker REPO on the OTC Pink, is a technology company that was created to connect colleagues, business partners, customers and prospects to food services during virtual meetings or conferences. GreetEat provides a simple to use proprietary platform to host a video conference and send the guests a food delivery voucher at the same time. The goal is to create an efficient bridge to both a business meal, and a secure video conference accessible to anyone in a remote environment. This process allows the host to avoid expensive catering and venue costs while allowing the guests to order a meal from their favorite participating local provider. It is the Company's intention to cease to do business as a debt recovery service to concentrate on engineering its platform and gaining market share. The food delivery market segment alone is estimated to be 220 billion USD with an anticipated annual growth rate of 10%. Steps have been taken to develop strategic relationships with global participants in this market segment. The company is also developing other custom host capabilities and options that it intends to implement in the near future.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates, and projections about the company's business and industry, management's beliefs, and certain assumptions made by the management. Such statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, but are not limited to, the company's ability to obtain FINRA approval for the proposed name change, market conditions, and other factors beyond the company's control. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact Information

Vishal Patel
CEO
investors@greeteat.com
236-471-6618

SOURCE: GreetEat Corp



View the original press release on accesswire.com

FAQ

When will FINRA approve REPO's name change to GreetEat Corp?

According to the company's announcement, FINRA approval is expected within four weeks from November 21, 2024.

What is the purpose of REPO's name change to GreetEat Corp?

The name change reflects the company's strategic vision to align its identity with its evolving business direction and service expansion in response to market dynamics.

When did REPO first announce its plans to change its name to GreetEat Corp?

The company made its initial announcement earlier in 2024, with this update being a follow-up on the progress.

NATIONAL ASSET RECOVERY

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